China bolsters DRC copper-cobalt dominance with proposed Chemaf acquisition

China is set to extend its control over Democratic Republic of Congo (DRC) copper-cobalt mining, after state-owned Norin Mining (Norin) last week agreed a deal to buy Chemaf Resources (Chemaf). Chemaf’s statement said the deal would enable the company to address its existing debt obligations to creditors, with the proposed transaction set for completion in […]